Scrubber has long way to go [Equipment]
An analyst has struck a note of warning about the recent scrubber order spree in global shipping industry. Among about 60,000 vessels in the current global fleet, according to Jonathan Chappell, analyst at Evercore ISI, only 2,000 ships can be...
2018-09-13 07:14:37
Scrubber to grow $8bn market in 2024 [Equipment]
A prediction came out saying the scrubber market will grow to over $8bn market in 2024. According to Global Market Insights, the revenue of marine scrubber market in 2017 was over $800m, and the number will grow significantly. Global Market...
2018-09-13 07:13:17
'Floating Wind Power Korea 2018' finished in succe [Offshore]
Busan Techno Park has recently announced that it successfully had the 'Floating Wind Power Korea 2018' as a part of the 'Entech 2018' that was held during September 5-7 at BEXCO, Busan Metropolitan City, Korea.    The seminar, which w...
2018-09-13 07:12:21
KOMERI joins hands with Morinsis-Agat [Shipbuilding]
The Korea Marine Equipment Research Institute (KOMERI) entered into an agreement with Concern Morinsis-Agat JSC, an umbrella organization in the Russian shipbuilding industry, about making cooperation in shipbuilding segment in Vladivostok, Russi...
2018-09-13 07:11:37
Korean shipbuilding: ways forward to future ① [Shipbuilding]
Now it needs Disruptive technology  After the global financial crisis in 2008, the shipbuilding industry seems to be around the exit of the long-term recession over the past decade. There are signs of structural market recovery such as ri...
2018-09-13 07:10:52
STX garnered R/G for two MR TKs [Finance]
STX Offshore & Shipbuilding announced that it secured R/G for two 50K MR tankers awarded by OceanGold Tankers Inc. from KDB. The vessels, which will be built at Jinhae Shipyard, are scheduled for delivery by Q1 2020. They will feature impr...
2018-09-13 07:09:25
HHI nets multiple engine deals in China [Equipment]
The Engine & Machinery Division of Hyundai Heavy Industries (HHI-EMD) has recently signed contract with Chinese shipbuilders including Yangzijiang Shipbuilding (Holdings) Group (YZJ) to supply multiple ship engines.  Under the deal, H...
2018-09-13 07:08:32
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